Metalworking Fluid Additives Market

Multi-functional additives for metalworking fluids are widely used to formulate water soluble and neat cutting oils for metal working processes. During metal processing these fluids form an effective barrier between metal surfaces and contaminants (such as air, water and other corrosion-producing materials) hence protect metal and finally increase the operating efficiency and reliability of the equipment.

Metalworking fluid additives for industrial lubricants are fairly complex due to their need to carry out multiple functions when in use. These functions include cooling, corrosion protection, providing lubricity and removing metal parts away from the machining activity.

Metalworking Fluid Additives Market contains market size and forecasts of Metalworking Fluid Additives in global, including the following market information:

Global Metalworking Fluid Additives Market Revenue, 2018-2023, 2023-2030, ($ millions)

Global Metalworking Fluid Additives Market Sales, 2018-2023, 2023-2030, (K MT)

Global top five Metalworking Fluid Additives companies in 2022 (%)

The global Metalworking Fluid Additives market was valued at 2434.4 million in 2022 and is projected to reach US$ 2840.8 million by 2030, at a CAGR of 2.2% during the forecast period 2023-2030.

The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million by 2030.

Emulsifiers Segment to Reach $ Million by 2030, with a % CAGR in next six years.

The global key manufacturers of Metalworking Fluid Additives include Lubrizol, Infineum, Afton Chemical, Lanxess, Chevron Oronite, Evonik Industries, Ingevity, Univar Solutions and Solvay, etc. In 2022, the global top five players have a share approximately % in terms of revenue.

We surveyed the Metalworking Fluid Additives manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Metalworking Fluid Additives Market, by Type, 2018-2023, 2023-2030 ($ Millions) & (K MT)

Global Metalworking Fluid Additives Market Segment Percentages, by Type, 2022 (%)

Emulsifiers

Corrosion Inhibitors

Extreme Pressure Additives

Biocides

Others

Global Metalworking Fluid Additives Market, by Application, 2018-2023, 2023-2030 ($ Millions) & (K MT)

Global Metalworking Fluid Additives Market Segment Percentages, by Application, 2022 (%)

Metal Removal Fluids

Metal Treating Fluids

Metal Forming Fluids

Metal Protecting Fluids

Global Metalworking Fluid Additives Market, By Region and Country, 2018-2023, 2023-2030 ($ Millions) & (K MT)

Global Metalworking Fluid Additives Market Segment Percentages, By Region and Country, 2022 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Metalworking Fluid Additives revenues in global market, 2018-2023 (Estimated), ($ millions)

Key companies Metalworking Fluid Additives revenues share in global market, 2022 (%)

Key companies Metalworking Fluid Additives sales in global market, 2018-2023 (Estimated), (K MT)

Key companies Metalworking Fluid Additives sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

Lubrizol

Infineum

Afton Chemical

Lanxess

Chevron Oronite

Evonik Industries

Ingevity

Univar Solutions

Solvay

Dover Chemical

Dow

Vanderbilt Chemicals

ABITEC

BASF

Clariant

Starry Chemical

Nelson Brothers

Arkema

Emery Oleochemicals

Richful Lube Additive